In This Article:
As the Canadian market navigates potential economic headwinds from U.S. tariffs, investors are keeping a close eye on how these factors might impact growth and inflation. Amidst this backdrop, penny stocks—often representing smaller or newer companies—continue to capture interest for their unique investment opportunities. In this article, we explore three penny stocks that demonstrate financial strength and potential resilience in the current market landscape.
Top 10 Penny Stocks In Canada
| Name | Share Price | Market Cap | Financial Health Rating |
| Westbridge Renewable Energy (TSXV:WEB) | CA$0.61 | CA$61.7M | ★★★★★★ |
| NTG Clarity Networks (TSXV:NCI) | CA$1.55 | CA$65.34M | ★★★★★☆ |
| Silvercorp Metals (TSX:SVM) | CA$4.71 | CA$1.02B | ★★★★★☆ |
| Orezone Gold (TSX:ORE) | CA$0.79 | CA$407.32M | ★★★★★☆ |
| Amerigo Resources (TSX:ARG) | CA$1.70 | CA$280.75M | ★★★★★☆ |
| Alvopetro Energy (TSXV:ALV) | CA$4.98 | CA$181.35M | ★★★★★★ |
| PetroTal (TSX:TAL) | CA$0.58 | CA$531.27M | ★★★★★☆ |
| McCoy Global (TSX:MCB) | CA$2.75 | CA$74.74M | ★★★★★★ |
| Findev (TSXV:FDI) | CA$0.55 | CA$15.76M | ★★★★★★ |
| BluMetric Environmental (TSXV:BLM) | CA$1.00 | CA$36.92M | ★★★★★★ |
Click here to see the full list of 936 stocks from our TSX Penny Stocks screener.
Here's a peek at a few of the choices from the screener.
Findev
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Findev Inc. is a real estate finance company offering secured financing for investment properties and developments in the Greater Toronto Area, with a market cap of CA$15.76 million.
Operations: No revenue segments have been reported for Findev.
Market Cap: CA$15.76M
Findev Inc., with a market cap of CA$15.76 million, operates debt-free and has stable weekly volatility at 12%. Despite having no significant revenue streams, the company reported net income of CA$2.6 million for 2024, up from CA$2 million in 2023. Its return on equity is low at 9.8%, but profit margins improved to 71.9%. Earnings grew by 30% last year, outpacing industry growth significantly. The dividend yield stands at 5.45%, though it's not well covered by free cash flow. Findev's short-term assets comfortably cover its liabilities, and it trades below estimated fair value by a large margin.
Labrador Gold
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Labrador Gold Corp. focuses on acquiring and exploring gold properties in the Americas, with a market cap of CA$12.75 million.
Operations: Labrador Gold Corp. has not reported any revenue segments as it is focused on the acquisition and exploration of gold properties in the Americas.